She looks at recent research which shows how for SMEs, the average annual claim is more than £49,000. Imagine what a boost that is for a company that may not even have made a profit yet. Larger businesses can also benefit through the R&D expenditure credit incentive – even if they are making a loss.
The article also looks at eligibility for this government incentive and how common misunderstandings about what projects qualify, could be preventing more companies from reaping the many benefits R&D tax credits offer.
With good advice about record keeping and an interesting case study, this article is essential reading for any innovative company, big or small.